Saudi Arabia plans $2-billion solar and carbon black complex

A feasibility study for the solar and carbon project will be completed by mid-2019, said Tariq Baksh, vice-president, chemicals and renewables programme, at Saudi Arabia's National Industrial Clusters ProgramREUTERS | January 14, 2019, 15:17 IST

ABU DHABI: Saudi Arabia plans to develop a $2 billion solar and carbon black integrated complex in partnership with China's Longi and South Korea's OCI, a Saudi official said.

A feasibility study for the solar and carbon project will be completed by mid-2019, said Tariq Baksh, vice president, chemicals and renewables programme, at Saudi Arabia's National Industrial Clusters Program.

He was speaking to reporters on the sidelines of a conference in Abu Dhabi.